OKX cryptocurrency exchange has broadened its investment product portfolio by incorporating the ETH/BTC pair into its Dual Investment offerings. Additionally, the exchange has also listed altcoins MOODENG, NEIRO, PYUSD, and EIGEN, allowing traders more opportunities for cryptocurrency investment.
Enhancing Options with ETH/BTC
By including the ETH/BTC pair in its Dual Investment product, OKX provides users the opportunity to conduct crypto-to-crypto transactions. This feature eliminates the need to convert assets into stablecoins, allowing for direct trading. It removes additional conversion fees, enabling investors to benefit from higher annual yield rates throughout the investment period. The addition of the ETH/BTC pair reinforces OKX’s commitment to offering more flexible trading solutions.
While exchanges have accelerated their listings in recent months, a significant surge in altcoins has yet to commence.
New Listings: MOODENG and NEIRO
The exchange has also added two new meme coins, MOODENG and NEIRO. MOODENG is inspired by Thailand’s famous pygmy hippopotamus, while NEIRO draws attention as a Shiba Inu-based cryptocurrency following the iconic Dogecoin 
$0.402807 character Kabosu.
These listings diversify the options available on OKX and reflect the increasing interest in meme coins. Investors can diversify their portfolios with these new cryptocurrencies in line with market trends. The number of cryptocurrencies is rapidly increasing, and trends are changing swiftly. During the hype phases for meme coins, these two new altcoins could yield significant profits.
Introducing PYUSD and EIGEN
PYUSD is a stablecoin that garnered significant attention at its launch, issued by PayPal. With its listing, OKX further expands its financial tools. The PYUSD/USDT pair will simplify transactions for users wishing to utilize a stablecoin from a reputable company like PayPal. Recall the challenges faced during the UST crisis, where discussions arose about the importance of creating a “stablecoin basket” after users experienced zero balances.
Finally, the integration of EIGEN into the futures market allows investors to open long or short positions with leverage up to 50 times. Following its recent listing on mainstream exchanges, EIGEN is expected to see its price rise to around $5. This positive outlook stems from sustained investor interest and ongoing market activity.
OKX continues to respond swiftly to developments in the cryptocurrency market, offering its users a wide range of options. The introduction of new products and listed cryptocurrencies enables users to diversify their strategies while enhancing the platform’s competitive edge.
